Safaricom (NSE: SCOM) shareholders have approved two new subsidiaries, one dedicated to investing in seed-stage and another in growth-stage start-ups.
These significant developments, approved at Safaricom’s 15th Annual General Meeting (AGM), represent a meaningful step towards supporting tech entrepreneurs, fostering innovation,...
With only 124 days left before COP28 UAE, COP President-Designate Dr Sultan Al Jaber urged G20 nations to lead in climate action. It said that their decisions will enormously influence the outcomes for all countries.
In a speech at the...
East African Breweries PLC (EABL) has reported Kshs 109 billion in net sales for the year ending June 30, 2023, a similar revenue performance to the prior year.
EABL’s Group volumes were down 7 per cent year-on-year, as sales were...
An estimated 60 per cent of rural and urban Kenyan households access their daily meals from micro/small enterprises (MSEs) at local markets. But despite MSEs' significant contribution to shaping food access and consumption, these enterprises have received little policy...
Ogilvy Africa has appointed industry expert Cathy Gathu as Managing Partner for it’s offering in Advertising, Brand and Content. She starts on 1st August and will report to Vikas Mehta, CEO – Sub-Saharan Africa.
Cathy is a highly accomplished professional with...
Dr Samuel Maina Thenya, the Founder and Group Chief Executive Officer of Nairobi Women's Hospital ("NWH"), has signed definitive documentation to acquire the Evercare Health Fund’s majority shareholding of Nairobi Women's Hospital.
The acquisition, through a process initiated over two...
Tertiary colleges can now launch prototypes into the market via partnerships with select companies after the government launched a student-centric Industry-Academia Platform, ITATU. The open-source platform creates nationwide opportunities for local companies to seek partnerships with special student teams...
The Kenya Development Corporation (KDC) is pleased to announce the appointment of Hon. Dr Sakwa Bunyasi as Chairman of the KDC Board and Ms Norah Buyaki Ratemo as the Director General of the Corporation.
Hon. Dr Bunyasi brings expertise and...
By Isaac Obwocha
The government’s new plans to raise taxes to fund its operations are in disarray after a court suspended the implementation of the new Finance Act 2023. Even as the three-judge bench looks into the civil suit, businesses...
For the second time running, Car and General online shop were awarded the best automotive e-commerce site during the fifth annual E-Commerce awards.
The event honours and recognises teams and people leading the industry in innovation in software, eCommerce campaigns,...